BENCHMARK ELECTRONICS INC — Director's Dealing 2023

Feb 24, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BENCHMARK ELECTRONICS INC (BHE)
CIK: 0000863436
Period of Report: 2023-02-22

Reporting Person: Lakkaraju Roop Kalyan (EVP, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-22	Common Stock	M	13983	$0.00	Acquired	99143	Direct
2023-02-22	Common Stock	M	14573	$0.00	Acquired	113716	Direct
2023-02-22	Common Stock	F	13351	$24.25	Disposed	100365	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-22	Performance-based Restricted Stock Units	$0.00	M	13983	Disposed		Common Stock (13983)	Direct
2023-02-22	Performance-based Restricted Stock Units	$0.00	D	3830	Disposed		Common Stock (3830)	Direct
2023-02-22	Performance-based Restricted Stock Units	$0.00	A	5831	Acquired		Common Stock (5831)	Direct
2023-02-22	Performance-based Restricted Stock Units	$0.00	M	14573	Disposed		Common Stock (14573)	Direct

Footnotes

F1: Based on the Company performance during the three-year performance period ending December 31, 2022, approximately 78.5% of the performance-based restricted stock units vested (as previously disclosed the reporting person had the opportunity to earn up to 250% of the number originally reported).

F2: Based on the Company performance during the two-year performance period ending December 31, 2022, approximately 166.7% of the performance-based restricted stock units vested (as previously disclosed the reporting person had the opportunity to earn up to 250% of the number originally reported).

F3: These shares are being withheld to cover taxes related to the vesting of restricted stock units.